6 Ways to Defer Your Capital Gains Tax

If there is one tax that seems to be a concern forover the course of years.
property owners that are planning to sell their property,4. Deferred Sales Trust
it is the capital gains tax. This is a tax that is placed onThe Trust receives your profits from the sale of your
profits that result from the sale of assets such asproperty or assets. Your taxes will be deferred for the
property, stocks, and bonds. One common attribute toduration of the installment note.
the capital gains tax is that it will take a huge chunk of5. 1031 Exchange
your profits from the sale on your property.The 1031 Exchange allows you to defer by exchanging
So your primary object, as a seller, should be to deferyour property for "like kind" property. This typically
or reduce this tax as much as possible. Here are sixapplies to property only.
techniques that you can use to defer or reduce your6. Structured Sale
capital gains tax:This is a type of installment sale that allows sellers to
1. Tax Loss Harvestingdefer any recognition of gains on the sale of real
This is where you sell your securities at a loss. Theestate.
purpose is to offset your capital gains for months, orThere are advantages and disadvantages to the
even years, into the future.above six methods. It is important that before you
2. Charitable Trustutilize any of these deferment methods that you
Giving equity to a charity will allow you to reduce yourresearch everything you can about it. Which one you
taxes..decide to use will be based on your own individual
3. Installment Salecircumstances.
If you except payments for your sale in installments